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Zepto cofounder and CEO Aadit Palicha has revealed that the companyโs advertising vertical has grown its annualised revenue run-rate (ARR) by 5X over the past year, reaching the $200 million milestoneโup from $40 million last year. Speaking with Y Combinator CEO Garry Tan, Palicha highlighted how the ad business is now a major growth engine for the company.
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Zepto, a leading player in the quick commerce space, has significantly reduced its cash burn and is approaching a $4 billion annualised gross order value (GOV), according to cofounder and CEO Aadit Palicha. โWeโre getting close to $4 billion in annu
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Perplexity AI is reportedly closing in on a $500 million funding round at a $14 billion valuation. Thatโs nearly 5x growth in under a year. ๐ Summary โ Perplexity in talks for $500M @ $14B โ Accel to lead round โ ARR just under $100M โ Competing
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